CBRE Global Real Estate Income Fund (NYSE:IGR) to Issue Monthly Dividend of $0.06

CBRE Global Real Estate Income Fund (NYSE:IGR) declared a monthly dividend on Thursday, April 9th. Investors of record on Monday, April 20th will be given a dividend of 0.06 per share by the closed-end fund on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 15.6%. The ex-dividend date is Monday, April 20th.

CBRE Global Real Estate Income Fund Stock Up 1.4%

IGR stock opened at $4.63 on Friday. CBRE Global Real Estate Income Fund has a twelve month low of $4.15 and a twelve month high of $5.37. The business has a 50 day moving average of $4.69 and a 200 day moving average of $4.71.

About CBRE Global Real Estate Income Fund

CBRE Global Real Estate Income Fund Inc (NYSE: IGR) is a closed?end management investment company that seeks to provide attractive levels of current income and capital appreciation by investing primarily in global real estate securities. Managed by CBRE Investment Management, the fund’s portfolio is composed of publicly traded real estate investment trusts (REITs), real estate operating companies and other real estate?related equity securities across developed and emerging markets.

The fund employs a research?driven, bottom?up investment approach, leveraging CBRE’s global platform and market intelligence to identify opportunities in diverse property sectors, including office, retail, industrial, residential and hospitality.